170 Erbes Road

Thousand Oaks, CA 91362
$1,990,000
Courtesy of Exp Commercial of California, Inc.

Description

Exciting Opportunity for BUILDERS, DEVELOPERS, and INVESTORS! Unlock the potential of this Fully Entitled 30 Unit Condo Style Apartment Development situated in a very desirable location, just a stone's throw away from Thousand Oaks City Hall and Ventura County's top-tier schools. Nestled within a few hundred feet of the bustling Thousand Oaks Blvd corridor, known for its exquisite dining, quick bites, and fantastic shopping, this development promises to be a gem. Discover the charm of this meticulously designed development, boasting a diverse range of units to cater to various lifestyles. With three 2+1 Lofts, sixteen 1+1 Lofts, one 2+1 Flat, and ten 1+1 Flats, there's something for everyone. Notably, the majority of units are designated as Market Rate units with the exception of five units, ensuring a lucrative return on investment. Convenience meets accessibility with ground-level Parking and an inviting Lobby complete with a mailroom. Residents will relish the amenities, including a central Courtyard, tranquil seating areas, a sizzling BBQ area, a cozy Fire Pit, a state-of-the-art Business Center, and a well-equipped Gym. Don't miss out on this incredible opportunity to turn this prime location into a thriving investment.Seize the moment and make your mark in Thousand Oaks. Contact us today to learn more about this exceptional property.
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  • Property Details
      • Acres:0.7427
      • Property type:Purchase
      • County:Ventura
      • Original List Price:$1, 990, 000
      • MLS #:24430493
      • Cost:1990000
      • Property subtype:Land
      • MLS #:24430493

Location

The Alcantara GroupReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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